2007-01-18 13:59:50 · 13 answers · asked by Jennifer W 1 in Business & Finance ➔ Taxes ➔ United States
You must file Married Filing Joint or Married Filing Separately. Usually filing together is most beneficial for both of you.
2007-01-19 02:20:25 · answer #1 · answered by strawberrycrush 4 · 0⤊ 0⤋
Your filing status is determined at the end of the year. Since you're married, there's two options: MFJ or MFS.
Generally, it's better to file a joint return due to more favorable tax rates and tax treatment.
Decide why you would want to file separately.
Do one of you have any "issues" with the government? The "innocent spouse rule" is getting better treatment by the federal government, but... if the spouse "knew something" about the other spouse's finances while dating and the IRS finds out, then the rule won't protect you.
Generally, MFS is done when one spouse has some sort of tax issue and don't want the other spouse to be affected should the government audit you in the future, though that's not a guarantee, either.
You should contact a tax professional to assist you.
2007-01-19 01:11:57 · answer #2 · answered by MrMojo1 5 · 0⤊ 0⤋
Well, first you have to take into consideration does he owe from the previous year. If he does, which mean he had the debt before you were married you would file together but claim injured spouse. This means you would still be able to recieve your half of the return and of course you need to file head of house hold etc to increase your refund. Don't for get school if you attended. It's helpful. Second, If he does not owe from the previous year and you make the least amount, file together but separate so that your return can cover what he owes. This way you still get something back and the irs get off your back. If those two doesn't fit you. Then your current situation, then you would file jointly.Good luck.
2007-01-18 22:55:50 · answer #3 · answered by nalla 2 · 0⤊ 0⤋
You should calculate your return(s) as married filing jointly and married filing separately to see what gives you the best tax result. Married filing separately uses a different tax table than single.
2007-01-18 22:08:11 · answer #4 · answered by Homeslice 4 · 0⤊ 0⤋
Three options:
1. Married filing jointly
2. Married filing separately
3. Head of Household (ONLY if are separated and you qualify with the rules associated with being head of household)
File in the options that are available which will yield the highest tax return for you.
2007-01-18 22:04:13 · answer #5 · answered by no free rides 3 · 0⤊ 1⤋
If you married in 2006 your option is to file a joint return "married" or "married filing separately"
That's about it...
2007-01-18 22:05:32 · answer #6 · answered by KillerKat 3 · 0⤊ 0⤋
If you were married on or before December 31, 2006.......you can file as "married - filing jointly"
2007-01-18 22:03:50 · answer #7 · answered by Anonymous · 0⤊ 0⤋
You can ALWAYS do it either way...best to do electronic on-line filing. The program walks you right thru and will figure taxes both ways if you ask it to. Then you can see which way is most beneficial to you.
2007-01-18 22:04:46 · answer #8 · answered by Anonymous · 0⤊ 0⤋
together if you were married in 06
2007-01-18 22:02:45 · answer #9 · answered by Anonymous · 0⤊ 0⤋
together and get the tax break for married couples!
2007-01-18 22:03:58 · answer #10 · answered by Allyn 3 · 0⤊ 0⤋